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it comes to the fact that matter the most the jobs market debt and deficit in his easy to of this gate and we saw lot of at last night with the vice-presidential deba. i want to set the record straight. vice president biden use the word fact 26 times the hard pressed to deliver any. over tax policy bden: the only way to find $5 trillion of loopholes is to cut the mortgage deduction, health care deduction take away the ability to get a tax break to send kids to college. ryan: he is wrong about that. you can preserve the purposes for middle class taxpayers. biden: has never been done before it. ryan: it has been done a couple of times. jack kennedy, ronald reagan. biden: now your jack kennedy? gerri: that was a cheap shot. bided was wronwhen he claimed lower tax rates never had higher revenues. 1920's were slashed from 70% down a 20%. there rose 60%. kennedy cut across the board with the top rate down at 70%. tax revenues jump. ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to
now. for treasury department releasing budget numbers for the 2012 year and that is deficit included. peter barnes has the news. peter: the deficit exceeded $1 trillion for the fourth fiscal year and a row coming in at $1.1 trillion for fiscal 2012 which ended september 30th that was down $200 billion from fiscal 2011 thanks to higher tax revenue because of a stronger economy nd some lower spending, $60 million year over year and those numbers are down from the record $1.4 trillion in deficits we saw in 2009. we like to give you the monthly number for september. last month of the fiscal year. here's something you don't see every way. a surplus of $75 billion compared to a deficit of $73 billion in september last year. that is mainly due to accounting items, the biggest one being a shift in $60 billion in government benefit payments for social security and medicare and other things into august's of this year because of weekends and holidays in september. the administration is projecting a end to this trillion dollar trend for this fiscal year, 2013, budget forecasts projecting a defi
the official u.s. deficit this year. it is a doozy. you think your credit card bill is high? we're crunching those numbers. >>> a company will let you turn the outside of your home to a large billboard. people are scrambling to get in line. the guy behind this idea is here to explain. even when they are not, it's always about money. melissa: first, let's take a look at the day's market headlines. stocks closed out the week moving between positive and negative territory. u.s. consumer sentiment hit its highest level in five years but worries over bank profits and potential bailout for spain helped put a damper on investor optimism. the dow squeaked out two teeny, tiny points. advaed micro devices with the biggest loser on the s&p 500. the semiconductor maker cut its third quarter outlook, primarily blaming slowing global demand on weakening global economy. >>> business software company public debut isthe biggest ipo since facebook. that was back in may. >>> to our top story tonight i don't know about you but i envision peace and olive branches when i picture the european union. look at the pi
: ashley, president obama promised to cut the deficit in half. of course that has not happened yet but our budget deficit for the year is still pretty high. up next, the latest numbers from the treasury. and if the deficit story doesn't ruffle your feathers this one might. big bird's salary. the person inside big bird. let's just say he's probably in the 1%. ♪ . u see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday y see all the ways all of us at us bank are helping grow our economy. lending mo so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. liz: treasury department released the budget numbers today. ashle
a lot more. we'll talk to douglas holtz-eakin on the budget deficit. he will give us some insight and analysis how it all works into the election next hour. friday trading session still underway. we'll see you in the next hour. keep it here on fox business. [ le announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of llars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all
taxes, you have the deficit being dealt with in an insane way, at least being dealt with, i'm not so sure the markets are going to implode-- >> you don't think, you think the markets will whistle past this. >> at least they're going to say something is going on. at least they're doing something. >> and anyway, right. >> it's going to hurt the economy long-term no doubt. >> the it's the federal reserve behind the market. >> what about the notion that maybe if there were stronger leadership from the white house we wouldn't have to take such a ham-fisted approach. in other words, how come there can't be an elegant solution, i can't get my way, you can't get your way, let's just destroy it all. >> interestingly enough goes back to obamacare, i think it has to do with the incredit mri high-handed autocratic way that mr. obama shoved through obamacare and they're saying we're not going to cooperate at all. i think had there been a spirit of cooperation coming out of the white house with obamacare, all of this would not have happened. >> if i may-- >> adam. >> i think that's sort of of sill
, they realize a new ad using big bird to sarcastically distort governor romney's approach to deficit reduction. >> one man has the guts to speak his name. >> big bird. >> it is me, big bird. >> big, yellow, a menace to our economy. lou: governor romney mentioning big bird in last week's debate as he proposed cuts and funding to the public broadcasting system among a whole bunch of other cuts, it has not stopped sesame workshop from objecting to the president's campaign ad, the nonprofit organization wrote quote, we have approved nong campaign add and as of our general practice, have requested that they be taken down, big bird joining the aarp, and a cincinnati deli owner and nbc's andrea mitchell on the list of people who' the obama campaign to just leave them out of the obama campaign, bad news piling up for the president, some of his most reliable brends hitting him hard, little bi politic coct small ball. and the silly obama campaign. and nbc news called ad absurd, their chief white house correspondent chuck todd said, quote, when can the obama campaign going to stop talking about the debat
the remarkably large subsidies that obamacare created in a deficit. neil: is it fair to say that should he be elected president for weeks from now? >> he has made clear he will repeal obamacare. for whatever reason, that's not possible on a legislative basis, then he will begin minimizing the negative impacts that obamacare is clearly having on those who have to acquire health care, which is all of us. neil: pilates or if you have the republican senator structure that process? >> indeed. neil: senator cummins was a pleasure. >> thank you, neil be one remember when they were raking bullied over the coals by serving up remember how he looked? i think the shirt out of. >> today neil: have time. lloyd boeing plant ready to the throttle. showing who is the boss. forget about blaming that cats. you fix the the fiscal mess or ttere goes this country. i am exaggerating a bit, but make no mistake about what the wall street titans says must be done and done now. the only way to stimulate america is for leaders to get a clue nd start hammering out a long-term budget deal that at least shows progres
in a deficit. neil: ist fair to say that should he be elected president for weeks from now? >> he has made clear he will repeal obamacare. for whatever reason, that's not possible on a legislative basis, then he will begin minimizing the negative impacts that obamacare is clearly having on those who have to acquire health care, which is all of us. neil: pilates or if you have the republican senator structure th process? >> indeed. neil: senator cummins was a pleasure. >> thank you, neil be one remember wh they were raking bulld over the coals by serving up remember how he looked? i think e shirt out of. >> today with my friends, we'll do almost anything. out for drinks, eats. i have very well fitting dentures. i like to eat a lot of fruits. love them all. the seal i get with the super poligrip free keeps the seeds from getting up underneath. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinicay proven to seal out more food particles so you're more comfortable and confident while you eat. a lot of things going on in my life and t
of the president, steve wynn was one of them saying we need to tackle the deficits this president prom -- demagogues against a $400 billion deficit now we have over a trillion. he was very negative on the debt put on over the previous 8 years, now we put on 6 trillion. i mean, you know we have not seen the policies that were promised. i think that issue is we want to make sure as a business community whoever is in the white house, that the promises are met, and we have an environment that is once against friendly to american job creation. neil: steve thank you very much. this is up the ante for tomorrow night, fox business will continue to cover the crucial debates, tomorrow. vice president one in milwaukee. joining us tomorrow is sarah palin, many, many more. and that fiscal cliff, more like a bunny slope. "new york times" and saying, ronald reagan a former budget chief said, that is wrong. you should be worried if the times says that is right, david stockton here, and only here. but first the irish calling for another round, not of beer, of oil, more drilling, how ireland is drilling
not add a dime to the deficit. do you believe that? >> the honest answer, i don't think we know yet. most of the spending provision have not gone into affect yet and when they do it is experimental. >> it is not for the states emac who have to begin to set up the exchangings. there is no guarantee that obama care will be repealed and that it will not be in or out and states have to prepare right now . that costs money. >> it feels like a high school science project throw in the baking soda and soda and right in the taxpayer's face. medicaid and medicare are rising by 17 trillion over 75 years due to health reform. a quarter of the state's budget is toward medicaid . medicaid part of the budget rising x. four times faster. >> mark, even the democratic governors are worried. governor cuomo is saying that he doesn't have all of the cash necessary to set up the exchanges that are part of the whole plan and what are they going to do? these states are strap asked they don have the money? >> this is covered by the federal government. >> oh, yeah, how? >> they said they are going to pay it. >> is
am neil cavuto. we just found out today that we have another trillion dollar deficit the fourth year running. it could've been worse. we also found out that the federal government bailout program in the wake of the 2008 financial crisis was $24 billion. alas, that is down from $32 billion. by my count on both counts, we are still do for the count. crazy me. i want a lot of answers to all of these loony financial questions. how will we avoid this looming trn looming train wreck? what we do to ease ourselves back from this financial cliff? not a word on any of this from the vice president or the guy that wants to be vice president. no mention of the great unmentionable and what cou single-handedly trigger another recession. that is why tomorrow we want answers. allow me to break from all things convention and all things hot air and focus on something that is pathetic. washington's ongoing difference to a calamity. it could cost millions of jobs and high taxes on millions of poor families. the issue isn't whether or not i think this is a big deal, my friends. it is why this late in the
deficit and debt under control. make trade work for america to make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses because they are the job creators. he talked about detroit. mitt romney's a car guy. they keep misquoting him. the mitt romney i know is a guy who i was talking to a family in massachusetts the other day, sheryl and mark nixson. their kids hit in a car crash, two of them parollized. mitt wanted to come over on christmas bringing his boys, his wife, and gifts. later on he said i know you're struggling, mark, don't worry about college. i'll pay for it. when mark told me the story because mitt doesn't tell the stories. when i was told the story, he said it was not the cash help, but that he gave his time and he has consistently. this is a map who gave 30% of the income to charity, more than the two of us combined. mitt romney's a good man and cares about 100% of americans in the country. with respect to that quote, i think the vice president very well knows that sometimes the words don't come out of your mouth
. there is no predictability right now. we are in the same place this year that we were last year. you know, these deficits are struggling. lou: you are campaigning for governor romney in ohio. he will continue to do so. in ohio, when they have a 7.2% unemployment rate -- they are enjoying a far better recovery from the recession that nearly all of the country. what is the most persuasive message that you can take to the voters they are? >> well, i think in the state of utah, we are doing well in spite of what washington is doing. but it's not going to be too long. we are all going to bear the burdens that the president has put on us. we will feel the pain the president has put on us. we are doing well in spite of barack obama, nothing thinking is what happened in ohio. what we need to do is we need to get people on their feet and ready to go, get them fired up. it is obvious that during the debate, barack obama has no idea how to get the economy going. mitt romney definitely knows the country this country needs to take the one thank you for joining us, mia love. critics may have panned a new liam neeson m
, jobs and the deficit. my understanding is that you just looked at this today and found obama scored 20 on the deficit and romney scored 41. when the team to jobs, 24357. run the way out ahead >> obama keeps saying, romney's test plan will go below this $5 trillion : the budget. the other line, i have this $4 trillion plan. there is no plan. i have to blame people in the media. they are correctly pressing romney to be more specific about his plans, but i don't think that the press has been even handed in asking barack obama about his plan. you keep saying have a $4 trillion plant. i have not seen it. here is nother issue along those lines. the president has gone so negative year. calling romney a liar which is something you don't typically do. >> i live in virginia, so we are just saturated. everytime you turn of the tv. football game, fox news. one after anotr, and these guys almost all of the obama ads are-. and that -- and not so sure that works so well for an incumbent is tgo after the opponent like that. gerri: how much good can run the do? can he really move the needle on the poll
to cut budget deficits. greece and spain to have more time because it would do more harm than good. france and italy and spain have been giving the same message. germany responding by saying backtracking in debt reduction goals. it would hurt confidence and so it goes. connell: never a shortage items. [talking over each other] ashley: a very conservative view. vice president joe biden taking on paul ryan in the vice-presidential debate this evening and joe biden will have work cut out for him. a new fox news poll shows 40% of americans have a favorable opinion of paul ryan compared to 44% for the vice president. with reaction to that let's bring in judith miller, fox news contributor and fellow at the man and an institute and former press secretary for vice president al gore. who has the most to lose tonight? >> joe biden has the most to lose because if he doesn'' improve on the president's performance, this ticket is in big trouble. dagen: is it avoiding gaffes this evening? i would rather see him a little loose with his lips than be a board. >> he is not going to be boring. neith
is mocking romney on the deficit on wall street. watch this. >> bernie madoff, criminals, and the evil genius who towered over them. one man has the guts to speak his name. >> redbird. >> big yellow a menace to our economy. romney knows it is not wall street you have to worry about, it is big bird. mitt romney, taking on our enemies no matter where they nest. lori: is this what the presidential debate should really be focused on? lou dobbs is here. lou: where should we start. melissa: i will sit back. go ahead. lou: the sesame workshop has decided they have had a belly full of being in this presidential campaign. they have asked that the campaigns cease and assist. they are a nonpartisan outfit. it really became onerous when not only the president was using big bird, but then romney to point out there have been eight mentions of big bird by president obama and five mentions of elmo and count along the mentions of libya. zero. the plant to fix the economy, zero. big bird overtaking. talk about a big bird and a small issue. it is as you say on becoming. it is disastrous for the president. he lo
, and the numbers are troubling. on a day in which the congressional budget office announced the 2012 budget deficit came in at $11 trillion for a fourth straight year, turns out our out of control spending includes roughly $450 million given every year to the corporation for public broadcasting, $8 million of that going to, that's right, sesame workshop and big bird. it appears easy to dismiss millions of dollars when the government faces trillion of dollars in debt. the left may be cute with a call to end funding for public broadcasting, but here's the homework the left should have done before they and president obama began their reflective aattacks. they are $388 million in assets now. in merchandise sales alone, it brought in $45 million, five times what it received in government grants. that little cute sesame workshop turns out to be a moneymaker producing hundreds of millions of dollars. we take all of that up tonight with former george bush senior adviser carl rove, and as well, the unemployment rate falling to 7.8%, employers adding just 114,000 jobs. we're talking about that, and, yes, big
the countries of president absolutely implode on estates. his capacity revealed, the deficit that he has with governor romney and his ability to articulate and to communicate his vision, his principles. >> is it to be overwhelming. >> i think it is the media cobbling of bama over four years as weakening his ability to debate. here was a guy who is so you stay sycophantic press that i think he did so terribly because he is just not used to anyone challenging him in an effective way, and romney did that. abolish it had been able to handle that. lou: and trying to find a point at which in 2008 he was such a great debater because it does not come to me. what i witnessed for governor romney was a man who found his full voice, his full capacity, and absolutely dominated the evening. i did not -- i think, you know, to me it appeared that president obama was taking instruction. >> but it's not easy for the president to has inside information, all this intelligence at his disposal to fare so badly, and that same part of the reason i think he did is because these is a man has been spoiled by publ
: it is also another thing to me. he loves to talk about the deficit and the budget. the fact is, i wonder if there is a line between his energy and his enthusiasm and some constraint and the desire for most of us to hear and speak about other topics as well. and to do so with fresh and new language. can he overdo the youthful enthusiasm and what could quickly become under budget, a johnny one note approach? >> i think he can. i have known him for 20 years. he is very funny and very intelligent. he is more than a one-dimensional budget geek. he needs to do the exact same thing that governor romney them. show a warm and different side of the personality. they win by doing that. lou: ron christie, chris stirewalt, thank you. up next, it appears to be open season on our embassy in the middle east. the latest on the terrorist attack and murder of the chief of security for the u.s. embassy in yemen. and things looking somewhat suspect over at the labor department. what is going on with this government? you know, i will tell you right now, it's not a conspiracy. but man, it sure does look like i
to get romney to bigger deficits. they do not take them and they just received really must get the point across about how it affects him. we love hearing from you. send me an e-mail and gerri@foxbussiness.com. finally, helping the homeless. it has been a growing problem for decades. the big apple has more than 46,000 homeless people in the city, 14% of the nation's homeless population. for some context, l.a. is second with just 3%. as a result, michael bloomberg has opened 10 new homeless shelters in recent months. chelsea and greenpoint. all of you non-new yorkers out there, residents are fuming, saying that these areas are now unsafe and dirty. bloomberg says it's the nature. with unemployment so high, these people need to go somewhere, but i do find it curious within the neighborhood that i mentioned so far, could it be because that is where mr. bloomberg lives? that is my "two cents more". coming up tomorrow, as vice president joe bide
will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it will or politically either. gerri: interesting days. that is for sure. you will have you back to talk more. when we come back to be searching for a deal, but prescription drugs online presents a all new sets of problems. we will explain. an age-old question resurfacing. can women have it all? are we dissing mother had? this is going to be a panel. you will love it. it will be a lot of fun. ♪ ç gerri: the mill powerhouse giving birth to her first child. she took the helm. see is also making headlines for another reason. this story and others suggesting our society is dissing mother had. you're going to want to hear this. my expert when his panel is here to weigh in. vice-president the family packed federal. former president of the women's media center, and a fox news legal analyst. i'm going to start with you. this is really meyer's decision at this photo put in? what do you make of
and nobody believes the unemployment numbers. the trade deficit widened so even if the employer numbers were good there are too many other factors that hampered growth. dave: the labor department says there is an accumulation of claims that a likely submitted over a period of several weeks but not processed until the return to the quarter. apparently the state in question, this is the state that supposedly underreported -- tallying for this week, we should see some sort of catch up. is this going to eventually balance out? are we going to see this playing with numbers until election day? >> it is easy to have conspiracy theories here. i am not about to do that. even going back to the payroll number, when you look at the payroll number, you saw it was a weak number internally mostly due to temporary workers. that was the reason for the drop in the unemployment rate. the labor situation in my mind despite the better than expected number today which is questionable and the payroll number, the labor situation is not much better at all. liz: investors are dying for somebody to tell what to do. wh
are they going to cult the stuff that really impacts the debt and our deficit? this is a growing problem that can't be fixed with a scalpal,
Search Results 0 to 49 of about 57 (some duplicates have been removed)